Grains And Oilseeds News In Brief

Mexico purchased 167,370 tonnes of soybeans form the US for shipment until the end of 2017 – 2018.

Jordan canceled an auction for the purchase of 100,000 tonnes of feed barley due to lack of offers.

In 2016 - 2017 China imported 93 million tonnes of soybeans, which is 10 million tonnes more than the previous season and a historic record. Soybean import to China amounts to 63% of the global trade. Over the past 10 years, China's share has risen by 23%.

According to APK Inform, in 2016 - 2017, the record 5.84 million tonnes of sunflower oil is exported from Ukraine, which is 30% more than in 2015-2016. The major buyer of the product is India with a share of 35%, followed by China 10% and Spain 9%. In 2017 - 2018. oil export is expected to reach 5.6 million tonnes at 5.45 million tonnes in the previous forecast.

South Korea's Nonghyup Feed Inc. purchased 138,000 tonnes of corn of optional origin. 65,000 tonnes of feed wheat were not purchased.

Israel purchased 43,000 tonnes of feed grain from the Black Sea region. A deal for 30,000 tonnes of corn at price of 172.8 USD / mt, C & F and 13,000 tonnes of feed wheat at price of 182 USD / mt, C & F was concluded. Deliveries will be made between November and December.